203062 Resource 133514 120646 120646 1210077191514 1210077191514 Controlled Oil Prices Rising to Record Levels

Oil futures in commodities trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Thanks to an attack in Nigeria, and an expectation of an increase in US demand as the summer driving season approaches, oil prices are rising to record levels. </span><a href="http://www.bloomberg.com/apps/news?pid=20601012&sid=alB.dGHbEHs0&refer=commodities" target="_blank" title="oil prices rising, commodities trading, spread betting commodities, spread bets oil prices, oil futures, gold prices, futures trading" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the items affecting oil futures in commodities trading</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-style: italic; font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;"><font size="2"><span style="font-style: italic;">``It's a little bit of Nigeria, a little bit of Iran, and a little bit of the impact from the Goldman Sachs outlook,'' said </span><a onmouseover="function onmouseover(event) { return escape(popwSearchNews(this)); }" href="http://search.bloomberg.com/search?q=Gerrit+Zambo&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1" style="font-style: italic;">Gerrit Zambo</a><span style="font-style: italic;">, an oil trader at BayernLB in Munich. ``People are seeing better numbers on the U.S. economic picture.''</span><br /></font></div><font size="2"><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">The fact that oil prices are rising is also helping </span><a href="item/203061" target="_blank" title="oil prices rising, commodities trading, spread betting commodities, spread bets oil prices, oil futures, gold prices, futures trading" style="font-family: verdana,arial,helvetica,sans-serif;">gold prices in commodities trading</a><span style="font-family: verdana,arial,helvetica,sans-serif;">.</span></font><br /> 9 application/xml false commodities trading futures trading gold prices oil futures oil prices rising spread bets oil prices spread betting commodities Futures trading with GFT http://www.gftfutures.com Spread betting on commodities http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.14) Gecko/20080404 Firefox/2.0.0.14 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 133514 blog blogsite/GFTUK/web